Sri Lanka Stocks Dip Mid-Morning; Market Turnover Reaches Rs. 213.11 Mn 📈

• Market Indices Movement: The benchmark All Share Price Index (ASPI) dipped marginally by 0.04% (-8.97 pts) to 20,251 after opening in green. Meanwhile, the liquid S&P SL20 rose 0.12% (+7.02 pts) to 5,790. Total turnover stood at Rs. 213.11 Mn. • Sector & Stock Drivers: • The Food, Beverage & Tobacco sector led turnover with Rs. 63.11 Mn. • Top gains: Ambeon Holdings (+5.18%), Hemas Holdings (+2.32%), and Ceylon Cold Stores (+1.71%). • Top declines: Colombo Dockyard (-1.71%), Overseas Realty (-0.99%), and Sri Lanka Telecom (-0.97%). • Corporate Updates: • Financials & Insurance: Softlogic Life Insurance plans to merge subsidiary Softlogic Life Insurance Lanka into the parent entity, pending Colombo District Court approval. • Tourism & Hospitality: Dinlanka Logistics acquired a 20 Mn share block (11.11% stake) in Ceylon Hotels Corporation PLC at Rs. 30.00/share on Oct 12. • Manufacturing & Exports: Dipped Products launched operations at its new Rs. 4.2 Bn facility in Katunayake EPZ to boost value-added glove production for export.